Private or Public Company

I was having a conversation with a friend who was talking about the advantages and disadvantages in making a publicly traded company. Essentially, the advantage in his view was that it can be easier to raise funds and you are essentially using other peopleâ€™s money to help create something great.

The main disadvantage is that a company would obviously lose a lot of control as you now have to try and satisfy all of your investors. That can often lead into situations such as a company wanting to do something that they think will be great, but because it doesnâ€™t sound like an extremely profitable venture they have to scrap it.

I guess it kind of falls under the general more risk equals more reward route. Depends on what state of mind you are at in regards to your business I suppose to determine which route is best.